Reported Earnings • May 15
First quarter 2026 earnings released: EPS: NT$0.45 (vs NT$0.18 loss in 1Q 2025) First quarter 2026 results: EPS: NT$0.45 (up from NT$0.18 loss in 1Q 2025). Net income: NT$32.3m (up NT$45.6m from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year. New Risk • Apr 18
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 5.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Revenue is less than US$5m (NT$69m revenue, or US$2.2m). Market cap is less than US$100m (NT$723.3m market cap, or US$23.0m). Announcement • Mar 16
Allied Industrial Corp., Ltd., Annual General Meeting, Jun 17, 2026 Allied Industrial Corp., Ltd., Annual General Meeting, Jun 17, 2026. Location: 19 floor no,62-1, chung cheng rd., jhongjheng district, keelung city Taiwan